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IS MSFT A HOPELESS SHORT ?
MSFT today cut cleanly through a very important support line, as well as below the neckline of a massive Head and Shoulders pattern.
Not much to say, it should look to retest the broken zone, and that would be an ideal time to go short, or buy puts with, preferably, two months to expiration or sell calls.
In bear markets even the leaders take hits.
Not much to say, it should look to retest the broken zone, and that would be an ideal time to go short, or buy puts with, preferably, two months to expiration or sell calls.
In bear markets even the leaders take hits.
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